1606 Corp. (CBDW) Asset Utilization Ratio (2022 - 2024)
1606 (CBDW) posted quarterly Asset Utilization Ratio of 0.27 for Q4 2024, up 2787.82% year-over-year from 0.01 in Q1 2024, and up 340.82% quarter-over-quarter from 0.06 in Q3 2024.
1606 Corp. (CBDW) Asset Utilization Ratio (2022 - 2024) Analysis & Trends
1606 (CBDW) has reported Asset Utilization Ratio for 3 consecutive years, with 0.27 the latest figure, recorded in Q4 2024.
- In Q4 2024, Asset Utilization Ratio rose 2787.82% year-over-year to 0.27; the TTM figure through Dec 2024 stood at 0.27 (up 2787.82% YoY), while the FY2024 annual figure was 0.09, up 976.68% from the prior year.
- Asset Utilization Ratio rose to 0.27 in Q4 2024 per CBDW's latest filing, from 0.06 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.58 in Q1 2022 and bottomed at 0.01 in Q4 2023.
- Historically, Asset Utilization Ratio has averaged 0.13 across 3 years, with a median of 0.06 in 2024.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio slumped 94.62% — and 2024, when it surged 2787.82%.
- 1606's Asset Utilization Ratio stood at 0.08 in 2022, then sank by 88.52% to 0.01 in 2023, then jumped by 2787.82% to 0.27 in 2024.
- Business Quant data shows CBDW's Asset Utilization Ratio at 0.27 in Q4 2024, 0.06 in Q3 2024, and 0.04 in Q2 2024.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.06 |
| Jun 30, 2024 | 0.04 |
| Mar 31, 2024 | 0.05 |
| Dec 31, 2023 | 0.01 |
| Sep 30, 2023 | 0.01 |
| Jun 30, 2023 | 0.02 |
| Mar 31, 2023 | 0.03 |
| Dec 31, 2022 | 0.08 |
| Sep 30, 2022 | 0.18 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 0.58 |